AI Approaches to Fraud Detection and Risk Management

The 1997 AAAI Workshop on AI Approaches to Fraud Detection and Risk Management brought together over 50 researchers and practitioners to discuss problems of fraud detection, computer intrusion detection, and risk scoring. This article presents highlights, including discussions of problematic issues that are common to these application domains, and proposed solutions that apply a variety of AI techniques. There were over 50 attendees, with a balanced mix of university and industry researchers. The organizing committee consisted of Tom Fawcett and Foster Provost of Bell Atlantic Science and Technology, Ira Haimowitz of General Electric Corporate Research and Development, and Salvatore Stolfo of Columbia University. The purpose of the workshop was to gather researchers and practitioners working in the areas of risk management, fraud detection, and computer intrusion detection.